Amit Syngle, MD & CEO Asian Paints Shares Strategy To Achieve ₹1Lk Cr Revenue By Next Decade

Business Today TV Sakshi Batra in an exclusive conversation with Amit Syngle, MD & CEO, Asian Paints discusses the company strategy, Outlook and Growth momentum. Asian Paints announced its January-March quarter results for fiscal 2023-24 (Q4FY24) on Thursday, May 9, reporting a rise of 1.3 per cent in its net profit to ₹1,275 crore, compared to ₹1,258.4 crore in the corresponding period last year. The country's largest paint manufacturing company's revenue from operations in the fourth quarter of FY24 dropped by 0.6 per cent to ₹8,730.8 crore compared to ₹8,787.3 crore in the year-ago period. Asian Paints stated that the company's board of directors has recommended a final dividend of ₹28.15 per equity share. The company had declared an interim dividend of ₹5.15 per equity share in October 2023 for FY24, so the total dividend for the previous fiscal stands at ₹33.30 per equity share